Fact sheet: Renasset Eastern European

Fund information

Fund name
Renasset Eastern European AA GBP
Fund company manager
Mori Capital Management
Fund type
SIB
Fund manager
Aziz Unan
since 01/01/2015
Fund objective
The Fund seeks long-term capital appreciation through investments primarily in a portfolio of Eastern European securities. The manager uses a bottom-up approach to incorporate both stock and sector views. The manager’s stockpicking style is a combination of proprietary valuation models, target prices, stock market capitalisation, liquidity and his view on the management’s quality. Please note that A Euro shares are closed to new subscriptions.
Benchmark
MSCI EM Europe 10/40
Investment style
Growth
Investment method
Shares

Quick stats

1 Year return

20.53 %

1 Year rank in sector

10/28

Sector

FO Equity - Emerging Europe

Yield
-
Fund size

£ 82.0 m

FE Risk score

149

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Russia
    44.4%
  • Turkey
    28.8%
  • Poland
    13.1%
  • Greece
    5.1%
  • Money Market
    3.4%
  • Financials
    29.8%
  • Energy
    21.3%
  • Materials
    10.7%
  • Consumer Staples
    10%
  • Industrials
    10%
  • Russian Equities
    44.4%
  • Turkish Equities
    28.8%
  • Polish Equities
    13.1%
  • Greek Equities
    5.1%
  • Money Market
    3.4%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-3.65 %8.31 %20.53 %18.43 %6.85 %
Sector0.81 %7.48 %18.88 %9.54 %3.36 %
Rank within sector28 / 2810 / 2810 / 287 / 2814 / 28
Quartile th4 th2 nd2 nd1 st2 nd

Calendar performance

YTD-20172016201520142013
Fund10.07 %46.69 %-7.24 %-28.49 %-5.63 %
Sector10 %22.68 %-3.06 %-22.02 %-2.16 %
Rank within sector13 / 283 / 2824 / 2823 / 2826 / 28
Quartile th2 nd1 st4 th4 th4 th

Risk statistics

Alpha4.52
Beta1.05
Sharpe0.18
Volatility19.55
Tracking error10.53
Information ratio0.38
R-Squared0.72

Price movement

52 week high10.09
52 week low7.69
Current bid price0
Current offer price0
Current mid price9.51

Holdings by region

  • 44.4% Russia
  • 28.8% Turkey
  • 13.1% Poland
  • 5.1% Greece
  • 3.4% Money Market
  • 3.3% Czech Republic
  • 1.5% Ukraine
  • 0.4% Kazakhstan

Holdings by sector

  • 29.8% Financials
  • 21.3% Energy
  • 10.7% Materials
  • 10% Consumer Staples
  • 10% Industrials
  • 4.9% Telecommunications
  • 3.4% Cash & Cash Equivalents
  • 3% Consumer Discretionary
  • 2.4% Real Estate
  • 2.3% Others

Holdings by asset type

  • 44.4% Russian Equities
  • 28.8% Turkish Equities
  • 13.1% Polish Equities
  • 5.1% Greek Equities
  • 3.4% Money Market
  • 3.3% Czech Republic Equities
  • 1.5% European Emerging Equities
  • 0.4% Kazakhstani Equities

Individual holdings

  • 6.4% SBERBANK OF RUSSIA
  • 6.3% LUKOIL PJSC
  • 4.8% POWSZECHNY ZAKLAD UBEZPIECZEN SA
  • 4.7% GAZPROM OAO
  • 4.7% POWSZECHNA KASA OSZCZED BK POLSKI
  • 4.2% HALKBANK SKOPJE
  • 4.1% TURKIYE VAKIFLAR BANKASI TAO
  • 3.2% MAGNIT PJSC
  • 2.6% TATNEFTEPROM
  • 2.2% NOVOLIPETSK IRON AND STEEL CORP